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You may need to use the appropriate technology to answer this question. Management Decision Systems (MDS) is a consulting company that specializes in the development of decision support systems. MDS has a four-person team working on a current project with a small company to set up a system that scrapes data from a collection of websites and then automatically generates a report for management on a daily basis. Time (Weeks) Optimistic Most Probable Activity A B C Description Report generation Web scraping Testing Immediate Predecessor A, B 2 4 (d) Should you use the estimate in (b) or (c)? 1 (a) Construct the project network. (Submit a file with a maximum size of 1 MB.) Choose File no file selected This answer has not been graded yet. 8 9 1 Pessimistic 12 The probability estimate from (b) based on the critical path is more accurate. The probability estimate from (c) based on both paths is more accurate. The probability estimates from (b) and (c) are equal. 11 (b) Based solely on the critical path, estimate the probability that the project will be complete within 11 weeks. (Round your answer to four decimal places.) 1 (c) Using all paths through the project network, estimate the probability that the project will be complete within 11 weeks. (Round your answer to four decimal places.)

You may need to use the appropriate technology to answer this question. Management Decision Systems (MDS) is a consulting company that specializes in the development of decision support systems. MDS has a four-person team working on a current project with a small company to set up a system that scrapes data from a collection of websites and then automatically generates a report for management on a daily basis. Time (Weeks) Optimistic Most Probable Activity A B C Description Report generation Web scraping Testing Immediate Predecessor A, B 2 4 (d) Should you use the estimate in (b) or (c)? 1 (a) Construct the project network. (Submit a file with a maximum size of 1 MB.) Choose File no file selected This answer has not been graded yet. 8 9 1 Pessimistic 12 The probability estimate from (b) based on the critical path is more accurate. The probability estimate from (c) based on both paths is more accurate. The probability estimates from (b) and (c) are equal. 11 (b) Based solely on the critical path, estimate the probability that the project will be complete within 11 weeks. (Round your answer to four decimal places.) 1 (c) Using all paths through the project network, estimate the probability that the project will be complete within 11 weeks. (Round your answer to four decimal places.)

Practical Management Science
Practical Management Science
6th Edition
ISBN:9781337406659
Author:WINSTON, Wayne L.
Publisher:WINSTON, Wayne L.
Chapter2: Introduction To Spreadsheet Modeling
Section: Chapter Questions
Problem 20P: Julie James is opening a lemonade stand. She believes the fixed cost per week of running the stand...
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You may need to use the appropriate technology to answer this question. Management Decision Systems (MDS) is a consulting company that specializes in the development of decision support systems. MDS has a four-person team working on a current project with a small company to set up a system that scrapes data from a collection of websites and then automatically generates a report for management on a daily basis. Time (Weeks) Optimistic Most Probable Activity A B C Description Report generation Web scraping Immediate Predecessor Testing A, B (a) Construct the project network. (Submit a file with a maximum size of 1 MB.) Choose File no file selected This answer has not been graded yet. 2 4 (d) Should you use the estimate in (b) or (c)? 8 9 1 Pessimistic 12 The probability estimate from (b) based on the critical path is more accurate. The probability estimate from (c) based on both paths is more accurate. The probability estimates from (b) and (c) are equal. 11 (b) Based solely on the critical path, estimate the probability that the project will be complete within 11 weeks. (Round your answer to four decimal places.) 1 (c) Using all paths through the project network, estimate the probability that the project will be complete within 11 weeks. (Round your answer to four decimal places.)
Transcribed Image Text:You may need to use the appropriate technology to answer this question. Management Decision Systems (MDS) is a consulting company that specializes in the development of decision support systems. MDS has a four-person team working on a current project with a small company to set up a system that scrapes data from a collection of websites and then automatically generates a report for management on a daily basis. Time (Weeks) Optimistic Most Probable Activity A B C Description Report generation Web scraping Immediate Predecessor Testing A, B (a) Construct the project network. (Submit a file with a maximum size of 1 MB.) Choose File no file selected This answer has not been graded yet. 2 4 (d) Should you use the estimate in (b) or (c)? 8 9 1 Pessimistic 12 The probability estimate from (b) based on the critical path is more accurate. The probability estimate from (c) based on both paths is more accurate. The probability estimates from (b) and (c) are equal. 11 (b) Based solely on the critical path, estimate the probability that the project will be complete within 11 weeks. (Round your answer to four decimal places.) 1 (c) Using all paths through the project network, estimate the probability that the project will be complete within 11 weeks. (Round your answer to four decimal places.)
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